Should you have a business license to wholesale?

Buying & Selling Real Estate
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Should you have a business license to wholesale?

Kyle Sparks
Jacksonville, FL · Member since 2013 · 14 posts · 4 votes

Hi everyone,
I'm considering take the leap into the real estate wholesaling frontier. Should I go ahead and get incorporated? Does it make a difference to the people I will be doing business with? Thanks for the clarification anyone can provide.

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  • David Littleton
    Renter · KY · Member since 2013 · 53 posts · 15 votes
    13y

    Not necessary, but if you do, don't get an Inc., get a LLC

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  • Michael Spencer
    Wholesaler · Orange County, CA · Member since 2012 · 53 posts · 9 votes
    13y

    David Littleton Can you explain the benefits of why to get an LLC?

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  • Angela Jones
    Virtual Assistant · West Hempstead, NY · Member since 2012 · 12 posts · 1 vote
    13y

    Hi,

    I found this for someone else earlier, I hope it helps you too.

    http://www.bankrate.com/brm/news/real-estate/20060128a1.asp

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